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Dec 17, 2012
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funerals taking place this hour in newtown connecticut. jack pinto and noah pozner being laid to rest. noah liked to figure out things mechanically. jack was a huge new york giants fan. he looked up to victor cruz. senators from connecticut calling for a ban on assault weapons. president obama saying last night at a memorial service, more needs to be done to protect our children. classes set to resume tomorrow in new towns other schools. no word on when the elementary will go back to school. those are your headlines. melissa: so heartbreaking. the companies board discusses two competing buyout proposals. charlie gasparino joins us with the latest on this. the board meeting, began at 8:00 a.m. charlie: it is still going on. virtue, they are kind of unclear. they claimed it is all cash. we will get into some of the controversies of that in a minute. my capital executives have spent the last week, the key prime piece of real estate there, they were shopping all week. just give me one second and we will explain what it means. a major knight in
funerals taking place this hour in newtown connecticut. jack pinto and noah pozner being laid to rest. noah liked to figure out things mechanically. jack was a huge new york giants fan. he looked up to victor cruz. senators from connecticut calling for a ban on assault weapons. president obama saying last night at a memorial service, more needs to be done to protect our children. classes set to resume tomorrow in new towns other schools. no word on when the elementary will go back to school....
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Dec 19, 2012
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. >> during this christmas season, my heart goes out to the families in newtown, connecticut. >> yep. >> we're all hugging our children a little more tightly this season. >> and everything's on the table. >> as an outdoorsman, i think we need to completely rethink guns in america. >> i think we need to protect our kids at the school, though. everything's on the table. >> our thoughts and prayers are with the families in newtown. >> thank you both very much. right now it's time for "squawk on the street." good morning. welcome to "squawk on the street." which debuted on cnbc's seven years ago today. happy anniversary to us. i'm melissa lee with carl and jim cramer and david faber live from the new york stock exchange. let's look at how we're setting up after yesterday's rally. particular strength in yesterday's rally. we didn't get housing starts, that's earlier today. as for the picture in europe, really the stand outout here is the euro. greece getting a five notch upgrade at the s&p. our road map this morning starts with gm. government motors no more. the treasury to exit its stake
. >> during this christmas season, my heart goes out to the families in newtown, connecticut. >> yep. >> we're all hugging our children a little more tightly this season. >> and everything's on the table. >> as an outdoorsman, i think we need to completely rethink guns in america. >> i think we need to protect our kids at the school, though. everything's on the table. >> our thoughts and prayers are with the families in newtown. >> thank you both...
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Dec 17, 2012
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to listen to those families in connecticut, to listen to the families in connecticut, the mothers in atlanta on new orleans, the people at the sikh temple. >> in wisconsin. >> in wisconsin. i think there is a time to listen to the call outside the beltway and not to allow the conversation in the beltway to drown out the voices in the cities and small towns of america. >> todd? >> you know, gentlemen, i took my 7-year-old to the bus today and it took a little extra faith for me to put him on that bus today as it did for every single parent in this country and every teacher, principal, school administrator, and there for the grace of god go i. where do we fail with respect to caring for and addressing the mental health issues that are raised in the case on friday and the case in aurora and so many of these other cases where individuals have gone off and have either listening to voices or tried to solve their own anger by taking it out on others? where did we fail? >> we still have to continue to destigma ties that mental health challenges afflict people who are normal and functional. w
to listen to those families in connecticut, to listen to the families in connecticut, the mothers in atlanta on new orleans, the people at the sikh temple. >> in wisconsin. >> in wisconsin. i think there is a time to listen to the call outside the beltway and not to allow the conversation in the beltway to drown out the voices in the cities and small towns of america. >> todd? >> you know, gentlemen, i took my 7-year-old to the bus today and it took a little extra faith...
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Dec 19, 2012
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less than a week after the connecticut shooting that killed 26 including 20 very young children, done stocks which the a huge dive over the past three days are making a come back from their initial pull back of starting on friday now all for a trustee of new york city's largest public pension is calling for the fund to get out of guns. joining me in a first on fox business interviews new york city public advocate bill believe you. ; ram your hand. told a. >> i send this to initiate divestment actions from all five city pension funds with combined assets of $115 billion and it is time to get out of the gun industry. i said as a parent and public servant. this is a watershed moment in american history. it is tragic that it took this to bring us to the understanding we had to change things the weekend along with business as usual. the fact this tragic young man had access to a legal military grade assault rifle says it all. pension-funds around this country, and $80 million in investment in the gun industry unfortunately have added to this normalcy of the situation. time to change that.
less than a week after the connecticut shooting that killed 26 including 20 very young children, done stocks which the a huge dive over the past three days are making a come back from their initial pull back of starting on friday now all for a trustee of new york city's largest public pension is calling for the fund to get out of guns. joining me in a first on fox business interviews new york city public advocate bill believe you. ; ram your hand. told a. >> i send this to initiate...
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Dec 18, 2012
12/12
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many believe friday's unspeakable acts in connecticut could mark a tipping point. the "washington post" reporting that president obama ordered cabinet members to order proposals to curb gun violence, a push that could include a new ban on assault rifles. sources say vice president joe biden will spearhead that effort. still the white house press secretary jay carney wasn't ready to unveil specifics. >> it's a complex problem that will require complex solution. no single piece of legislation no single action will fully address the problem. so i don't have a specific agenda to announce to you today. >> one of the nation's leading proponents for gun regulation, mayor michael bloomberg, said he is prepared to use his own personal fortune for this cause. adding there's simply no need to wait for another tragedy to happen. >> if the massacre in tucson wasn't enough to make our national leaders act, and if the more recent bloodshed in aurora, colorado, oak creek, wisconsin, portland, oregon and other towns wasn't enough, perhaps this slaughter of innocence at sandy hook e
many believe friday's unspeakable acts in connecticut could mark a tipping point. the "washington post" reporting that president obama ordered cabinet members to order proposals to curb gun violence, a push that could include a new ban on assault rifles. sources say vice president joe biden will spearhead that effort. still the white house press secretary jay carney wasn't ready to unveil specifics. >> it's a complex problem that will require complex solution. no single piece of...
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Dec 20, 2012
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we've been working hard with the people in the city and throughout connecticut and new jersey to make sure we help our clients get back up in their homes, businesses and so on and so forth. what that sends by the customers there's value in what we're doing. we're began to continue to go out. it's important for companies to protect themselves from cyber attacks and address your suit, just like another hurricane coming through. are you seeing them sitting on their hand and not wanting to do anything? there's two different men at all times. the consumer is spending like they have been, but the business is a lot more cautious. >> my business is one where it says regardless of your miss you need to protect your certainly risks, and we have do is provide them different call at all request if we had a situation where the money couldn't come out of their capital. in effect, rear-ended capital from us. if you think about some of the cast physical in japan and i'll and cries mist. all of those can a ghastly and issues that we deal, plus the day-to-day issues that people face, it's good for our
we've been working hard with the people in the city and throughout connecticut and new jersey to make sure we help our clients get back up in their homes, businesses and so on and so forth. what that sends by the customers there's value in what we're doing. we're began to continue to go out. it's important for companies to protect themselves from cyber attacks and address your suit, just like another hurricane coming through. are you seeing them sitting on their hand and not wanting to do...
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Dec 5, 2012
12/12
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let's go to chris in connecticut, please, chris? >> caller: boo-yah. i want to know where you stand on -- >> i don't know, where i stand, it's already too high. this thing does not come in. i would prefer you to be in eqt, which i think i reiterated this morning and i think is much better. there are lots of people who say there will be blockbuster natural gas deals coming down the road and that's why cabot stays high, plus incredible marcellus holdings. when i first heard about it, it was through cog and i thought it was like veal, but it turned out to be a good place for natural gas. that is the conclusion of the "lightning round"! >> the "lightning round" is sponsored by td ameritrade. >>> coming up -- waiting for washington to rise above? get your portfolio prepared for whatever happens. call, tweet, or e-mail and find your way to the latest edition of "am i diversified." isk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a co
let's go to chris in connecticut, please, chris? >> caller: boo-yah. i want to know where you stand on -- >> i don't know, where i stand, it's already too high. this thing does not come in. i would prefer you to be in eqt, which i think i reiterated this morning and i think is much better. there are lots of people who say there will be blockbuster natural gas deals coming down the road and that's why cabot stays high, plus incredible marcellus holdings. when i first heard about it,...
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Dec 18, 2012
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what happened in connecticut did, however, prompt the largest petition on a white house website calling on the administration to immediately address the issue of gun control by introducing new legislation. as for the investigation in newtown, police say the gunman, 20-year-old adam lanza did not leave behind any note describing a possible motive for the attack. so far officials have been unable to obtain information from his commuter's damaged hard drive. pete williams has more on the investigation. >> reporter: the police who found nancy lanza, adam lanza's mother shot to death in bed also found his computer. they say its internal hard drive had been removed and severely damaged. attempts to get information from it, law enforcement officials say, have so far not been successful. experts say though it can be difficult, it's not always impossible. >> i seen people try to damage a hard drive with a sledgehammer, screwdriver, throw it in the river, in most of those cases the forensic experts have been able to recover some data. >> reporter: as for the guns used in the shooting, officials s
what happened in connecticut did, however, prompt the largest petition on a white house website calling on the administration to immediately address the issue of gun control by introducing new legislation. as for the investigation in newtown, police say the gunman, 20-year-old adam lanza did not leave behind any note describing a possible motive for the attack. so far officials have been unable to obtain information from his commuter's damaged hard drive. pete williams has more on the...
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Dec 17, 2012
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as you know by now, it was in newtown, connecticut. president obama spoke last night, raising the prospects for gun policy changes. >>> in the coming weeks, i'll use whatever power this office holds to engage my fellow citizens from law enforcement to mental health professionals to parents and educators in an effort aimed at preventing more tragedies like this. because what choice do we have? we can't accept events like this as routine. >> joining us now, former vermont governor and cnbc contributor howard dean and david coppell at the cato institute. good morning. am i pronouncing that okay? is it copel? >> just fine. >> we all want the same thing. that is to make sure our children are as safe as they can possibly be when they're in school. how do we do that? does it involve new regulations for guns? >> well, i think the most important thing we can do when we look at all these mass murders and attempted mass murders that are happened recently and over past decade sess one of the things that ties so many of them together is mental illn
as you know by now, it was in newtown, connecticut. president obama spoke last night, raising the prospects for gun policy changes. >>> in the coming weeks, i'll use whatever power this office holds to engage my fellow citizens from law enforcement to mental health professionals to parents and educators in an effort aimed at preventing more tragedies like this. because what choice do we have? we can't accept events like this as routine. >> joining us now, former vermont governor...
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Dec 21, 2012
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connecticut governor dannell ma malloy to ring their bells. the nasdaq with a moment of silence prior to the actual trading day. >>> the bell has rung. over at the nasdaq, intest corporation, temperature management's products for semiconductors. no surprise here at the open, the nasdaq is now down almost 2%. 1.8%, the loss at this early hour. shares of apple are down 2%. across the board pretty much. these are sharp losses, jim. >> i would point out, if you want a stable situation, sussex petroleum is a limited partnership that gives you great yield. i'm looking for people to be able to pullback and say, listen, what is safety here? is safety pepsico, general mills, safety yield? or because we go over the fiscal cliff, yield doesn't have the same value. i'm trying to figure out right now in realtime what this market is telling us. what it's telling us is we're not done going down. if boehner throws more lighter fluid on the situation, if not actual high octane, then i think we go take another dip down. >> yeah. we're seeing very steep losses,
connecticut governor dannell ma malloy to ring their bells. the nasdaq with a moment of silence prior to the actual trading day. >>> the bell has rung. over at the nasdaq, intest corporation, temperature management's products for semiconductors. no surprise here at the open, the nasdaq is now down almost 2%. 1.8%, the loss at this early hour. shares of apple are down 2%. across the board pretty much. these are sharp losses, jim. >> i would point out, if you want a stable...
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Dec 18, 2012
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we'll talk with richard blumenthal fortunately connectic from connecticut right after this. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. >>> private equity firm cerberus is going to sell its stake in the firearms maker. good morning, mary. >> good morning. they are reconsidering its relationship with cerberus. the reason being, the country largest gun manufacturer and the maker of the assault rifle used in friday's newtown massacre, the ar-15 bushmaster. cerberus said they are shocked and deeply saddened by the shootings in newtown adding that it's not the private equity firm's job to take positions on the now revived talks on gun control. instead, they are deciding on another course of action. to sell freedom group and return money to investors, fulfilling its obligations to clients without being withdrawn to the national debate with the former charter and public responsibility to do so. known for past investments and troubled companies like chrysler, they have strong ties to washington, d.c. john snow is its chairman and dan qua
we'll talk with richard blumenthal fortunately connectic from connecticut right after this. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. >>> private equity firm cerberus is going to sell its stake in the firearms maker. good morning, mary. >> good morning. they are reconsidering its relationship with cerberus. the reason being, the country largest gun manufacturer and the maker of the assault rifle used in friday's newtown massacre,...
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Dec 27, 2012
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all of a sudden then, we had the impacts of sandy, a tragedy up in newtown, connecticut, and just a lot of other factors that just put a damper on the season. >> so, it is fair to say that it started better than it ended now. >> it started better than it ended. there was a lot of excitement around black friday. i mean it was almost like the super bowl. they have all this advertising, drag people out, it's the biggest event of the year come shopping, and then week after that we had the pro bowl. there was no excitement. there was no reason to come out shopping. so big bang, but it kind of waned as we went into the season. >> how much of the season is in the books now? i mean, what's still left to happen? >> there's a couple of big days still coming. i think this weekend is a big weekend as people redeem gift cards, go into the stores, exchange items for what they're looking for. hopefully get that add-on sale and people start to take advantage of the clearance sale, i would say, though, 95% of it is in the books. we've probably got some strong days ahead of us, though, that could move it
all of a sudden then, we had the impacts of sandy, a tragedy up in newtown, connecticut, and just a lot of other factors that just put a damper on the season. >> so, it is fair to say that it started better than it ended now. >> it started better than it ended. there was a lot of excitement around black friday. i mean it was almost like the super bowl. they have all this advertising, drag people out, it's the biggest event of the year come shopping, and then week after that we had...
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Dec 15, 2012
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. >> host: last call comes from bill in redding connecticut. heine. >> caller: hello. ron paul has called for the federal reserve to be shut down. one interesting reason i thought is that he wants to bring money back to congress whereby they can do so without charging interest to itself. this is where it was done prior to 1913. it was also something that thomas jefferson and andrew jackson warned about, having these big banks take over the creation of harmony. it basically creates the money in charging interest on money that they create and of nothing to begin with. that's my question. >> guest: you know, so i have not really been focusing on money. it was really outside the four corners of my job. but what i would do is recommend to just about anyone if i could plug in the book, i'm just reading white house. i actually think that they really do a wonderful historical accounts of what you're talking about and how it applies today, so i would just refer to them because they have higher degree of expertise and i do in that area. to say it's a wonderful book. >> host: her
. >> host: last call comes from bill in redding connecticut. heine. >> caller: hello. ron paul has called for the federal reserve to be shut down. one interesting reason i thought is that he wants to bring money back to congress whereby they can do so without charging interest to itself. this is where it was done prior to 1913. it was also something that thomas jefferson and andrew jackson warned about, having these big banks take over the creation of harmony. it basically creates...
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Dec 26, 2012
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talk about the prospects for a deal to avoid the fiscal cliff, congressman jim himes, democrat from connecticut. congressman, there are some in both parties, i don't know, maybe they wouldn't admit it, they don't think it's the worst thing in the world to go over temporarily. where are you? >> you know, i think there's some chance we get a deal in the early weeks of january which means technically you are going over the cliff. if you vote on the deal that john boehner couldn't get done in his conference thursday, if you vote on that in january, a deficit deal than december. it's actually a tax decrease. i don't think nothing is going to happen in the coming weeks. it is possible we get into the first week of january before something to vote on. congress has gotten used to doing things at the last minute and it's not exactly clear when the last minute is here. >> i've been saying for a while you don't have to deal with 400 or 500 grand, get 250, what the president has wanted all along and get the republicans to not vote for a tax cut for everybody under 250. why hasn't that been the strategy or
talk about the prospects for a deal to avoid the fiscal cliff, congressman jim himes, democrat from connecticut. congressman, there are some in both parties, i don't know, maybe they wouldn't admit it, they don't think it's the worst thing in the world to go over temporarily. where are you? >> you know, i think there's some chance we get a deal in the early weeks of january which means technically you are going over the cliff. if you vote on the deal that john boehner couldn't get done in...
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Dec 17, 2012
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i actually think the horrible tragedy in connecticut will contribute to making a deal. one thing that gets politicians out of politics is that human beings are what they are supposed to be about. i do believe that speaker boehner and president obama will be looking much more at the big picture in america. connell: i kind of debated in my own head whether to bring that up in the interview. it is funny that you brought it up right away. a lot of us have been so consumed by this or affected by this terrible tragedy in connecticut. we were already tired of these physical -- fiscal cliff talks. >> what we are tired of is anger. whether it is violence which hollywood should be shameful about, as well as, violence that allows people to purchase firearms. the whole thing is bubbling up. connell: what i meant was, they were not necessarily solving these long-term debt problems. my point was, why not just get it out of the way and move forward. we will see what congressman ringel thinks in a few minutes. not everything will be solved anyway, so let's move on. >> the sense that we
i actually think the horrible tragedy in connecticut will contribute to making a deal. one thing that gets politicians out of politics is that human beings are what they are supposed to be about. i do believe that speaker boehner and president obama will be looking much more at the big picture in america. connell: i kind of debated in my own head whether to bring that up in the interview. it is funny that you brought it up right away. a lot of us have been so consumed by this or affected by...
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Dec 23, 2012
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. >> host: last call comes from bill in redington -- excuse me, redding, connecticut. >> caller: hello. as you know, ron paul has called for the federal reserve to be shut down. one interesting reason, i thought, is that he wants to bring money back to congress. whereby they can do so without charging interest to itself. as was done prior to 1913. it was also something that thomas jefferson and andrew jackson warned about. having big bank takeover. he basically charged interest on money that they created out of nothing to begin with. >> guest: you know, the focus of money was really sort of outside four corners of my job. but what i would do is recommend to just about anyone, i am reading the white house is burning books and they do a wonderful historical account of what you're talking about. also how to place today. so i will defer to them because they hide a high degree of expertise in that area. i will just say the wonderful book. >> host: here is neil barofsky's bestseller, "bailout: an inside account of how washington abandoned main street while rescuing wall street." he has been
. >> host: last call comes from bill in redington -- excuse me, redding, connecticut. >> caller: hello. as you know, ron paul has called for the federal reserve to be shut down. one interesting reason, i thought, is that he wants to bring money back to congress. whereby they can do so without charging interest to itself. as was done prior to 1913. it was also something that thomas jefferson and andrew jackson warned about. having big bank takeover. he basically charged interest on...
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Dec 18, 2012
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look what happened in connecticut. we can't say these are random isolated events anymore. >> it's an epidemic. >> it's an epidemic and growing epidemic. i just wonder, dan, this is the last question to open it up for everybody else, come on, let's get real, buddy, what if mitt romney had an election a year from now? and he had to be the candidate that had to defend the right of americans to buy 10 millimeter glocks and bush masters and these these cartridges that allowed you to continue to spray bull bullets at 6 and 7-year-old children, or at moviegoers. people shopping with their families at malls, how would he do in bucks county? how would he do in the i-4 corridor? how would he do in the suburbs? i don't mean to be crass to my fellow republican friends. a lot is riding on this. if you want to be the party that is willing to put your future on the line to defend the right of americans to possess these military style combat weapons instead of fighting for less taxes, balanced budgets, a rational foreign policy, have
look what happened in connecticut. we can't say these are random isolated events anymore. >> it's an epidemic. >> it's an epidemic and growing epidemic. i just wonder, dan, this is the last question to open it up for everybody else, come on, let's get real, buddy, what if mitt romney had an election a year from now? and he had to be the candidate that had to defend the right of americans to buy 10 millimeter glocks and bush masters and these these cartridges that allowed you to...
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Dec 14, 2012
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the gentleman from connecticut is recognized for two minutes. >> thank you, mr. chairman but i like to take a few seconds. thank you, mr. chairman and direct working with but i like to take a few seconds to try to offset some of the criticism of you in which this hearing opened. of all the vast causes in the whether the difficult is that brought down the economy in 2008, no area i think is more complex than the areas that you've been charged to oversee, derivatives. not enemy, not for me, not activities of countrywide. this is one of the more catastrophic areas as will look back on when they were, and also probably the most complex area. and i salute you and couple that you are really working hard iran summit that is a normalcy challenging in the face of criticism but i exit the chairman of the committee when i say this. it is -- a sequence of the also forgets the devastation that was visited on this country, the trillions of dollars of lost value as a result of the downturn, the devastation that was visited, forgets one would like to nominate are bandied about a
the gentleman from connecticut is recognized for two minutes. >> thank you, mr. chairman but i like to take a few seconds. thank you, mr. chairman and direct working with but i like to take a few seconds to try to offset some of the criticism of you in which this hearing opened. of all the vast causes in the whether the difficult is that brought down the economy in 2008, no area i think is more complex than the areas that you've been charged to oversee, derivatives. not enemy, not for me,...